Which of the Following Statements About Productivity Is True

question 50

Multiple Choice

Which of the following statements about productivity is true?

• A) Productivity is a ratio of benefits to costs (i.e., benefits divided by costs).
• B) For companies, higher productivity can lead to lower costs.
• C) For countries, higher productivity produces a lower standard of living.
• D) Productivity decreases make products more affordable.
• E) All of the statements about productivity are true.

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Definitions:

Power Asymmetry

A situation where there is an unequal distribution of authority, control, or power between parties.

Competing

A conflict management style that maximizes assertiveness and minimizes cooperation.

Assertiveness

The quality of being confident and self-assured without being aggressive.

Cooperation

The act of working together towards a common goal or benefit, often requiring mutual effort and communication.